The following is a reconciliation of the Group’s net result and equity at the end of the year with the equivalent figures for the Holding Company:
Net result for the year
(in millions of Euro) | 2015 | 2014 |
---|---|---|
Net result per Sogefi S.p.A. financial statements | (6.8) | 2.0 |
Group share of results of subsidiary companies included in the consolidated financial statements | 25.0 | 23.5 |
Elimination of Sogefi S.p.A. dividends | (17.0) | (16.3) |
Elimination of unrealized gains deriving from intercompany transactions and other consolidation adjustments, net of the related deferred taxation | (0.1) | (5.6) |
NET RESULT PER CONSOLIDATED FINANCIAL STATEMENTS | 1.1 | 3.6 |
Shareholders' equity
(in millions of Euro) | 12.31.2015 | 12.31.2014 |
---|---|---|
Shareholders' equity per Sogefi S.p.A. financial statements | 167.5 | 161.3 |
Group share of excess equity value of investments in consolidated companies over carrying value in Sogefi S.p.A. financial statements | (19.2) | (26.4) |
Elimination of unrealized gains deriving from intercompany transactions and other consolidation adjustments, net of the related deferred taxation | 22.5 | 26.3 |
SHAREHOLDERS' EQUITY PER CONSOLIDATED FINANCIAL STATEMENTS | 170.8 | 161.2 |